Funding you earn now, next payment 22:00 UTC−0.0105%/8h= −11.5% APRpaid last 24h −0.056%
Price spread now: Deribit against BingX0.000%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$530.533% of the position
Funding, last 7 days−0.202%−$20 on $10k
+Price spread, last 3 days (all we have)+1.631%+$163 · spread now 0.000%, 7d avg +0.063%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.063% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.063%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX APT-USDC | 0.7848 | 0.0100 | pay 0.0100% / 8h | 2h 21m | — | $6.5M | — |
| Short | Deribit APT_USDC-PERPETUAL | 0.7848 | −0.0005 | pay 0.0001% / 1h | 21m 43s | $7K | $382K | 50x |
BingX APT-USDC
Deribit APT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$22.05
- Price spread: 0.000% → +0.063%
- −$6.29
- Slippage, 4 orders
- −$36.29
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$81.64
- Costs to cover
- 0.533%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Deribit: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 9 min ago | 1.29 bp | 15.4 bp −$15 | 35.0 bp −$350 | 219.0 bp −$21.9K | 641.2 bp −$320.6K |
| Sell Deribit live order book, 2 min ago | 7.66 bp | 11.2 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
APT on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange APTUSD | −0.0528% | 1h | 0.7830 | −0.229% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0360% | 1h | 0.7847 | −0.015% | $538K | $617K | 50x | as long as short |
| Variational Omni APT | −0.0099% | 8h | 0.7839 | −0.118% | $614K | $223K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0017% | 8h | 0.7847 | −0.013% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | −0.0016% | 1h | 0.7780 | −0.866% | $2K | $200K | 12x | as long as short |
| Deribit APT_USDC-PERPETUALshort | −0.0005% | 1h | 0.7848 | 0.000% | $7K | $382K | 50x | |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7849 | +0.013% | $22K | — | 150x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7847 | −0.013% | $429K | $348K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7855 | +0.089% | $5.9M | $5.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7849 | +0.009% | $306K | $454K | 20x | as long as short |
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Variational Omni APT
Orderly PERP_APT_USDC
Injective APT/USDC PERP
gTrade (Gains Network) APT/USD
Lighter APT
Hyperliquid APT
Aster APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APTUSDT | +0.0100% | 8h | 0.7848 | +0.002% | $28.9M | $96.2M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7848 | 0.000% | $29.2M | $35.3M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7846 | −0.025% | $6.2M | $23.3M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7846 | −0.025% | $2.7M | $4.6M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7854 | +0.076% | $28.0M | $14.5M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7846 | −0.025% | $5.5M | $12.1M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7849 | +0.013% | $9.0M | $12.2M | 75x | as long as short |
| BingX APT-USDClong | +0.0100% | 8h | 0.7848 | long leg | — | $6.5M | — | |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7852 | +0.051% | $199K | $362K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7830 | −0.229% | $65K | $571K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7829 | −0.242% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7845 | −0.038% | $57 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7835 | −0.166% | $264K | $137K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7844 | −0.047% | $84K | $479K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7845 | −0.038% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7851 | +0.044% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7826 | −0.280% | $1.5M | $774K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0280% | 1h | 0.7860 | +0.153% | $211K | $547K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0464% | 1h | 0.7847 | −0.015% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0717% | 1h | 0.7849 | +0.017% | $55K | $5K | 10x | as long as short |
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD